FCA Selects Four Firms to Test Stablecoin Innovation in UK Sandbox

• Financial Conduct Authority sandbox tests stablecoins under real market conditions.
• FCA selects four firms spanning payments, settlement, and crypto trading use cases.
• Sandbox findings will help shape and finalize the UK’s stablecoin regulatory framework.

The UK’s Financial Conduct Authority (FCA) has taken a significant step to support innovation in stablecoins by selecting four firms for its Regulatory Sandbox. This initiative allows companies to test their stablecoin offerings in real-world conditions while complying with proposed regulatory standards. By providing a controlled environment, the FCA aims to assess policy effectiveness and ensure the new rules promote safe and responsible growth in digital finance.

Twenty applications were submitted for the stablecoin cohort, reflecting strong industry interest. After careful review, the FCA chose Monee Financ…

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